In the world of any business whether offline or online business , most things to be kept in mind is
1 . Risk Management
a. Drawdown ( depreciation of capital )
b . Maximum Drawdown ( maximum depreciation of capital )
c . Reward to Risk Ratio ( ratio of selisi profit or loss with the risk ato )
2 . Profit Management
Compounding capital ( without dicompound impossible to be successful in forex )
3 . passive Income
After the success of our business and generate profit is more than enough , then diversify profit that we get to have another Bisnis2 . for example, we deposited or we traded stock or other reputable perusahaan2 that can generate passive income , then we do not need to work for money , but the money work for us .
But that is often overlooked is the business risk Managemen ... and who always had in mind was solely profit or profit ... and finally obtained it is a loss for losses and ultimately went bankrupt kolep alias .
since our business is the business of forex , which in forex is weve true " return hight hight risk " and "low risk low return " , but this is how we can outsmart our business in order to become " hight risk low return " , because I sister2 sure agan2 and respectable , certainly before entering into the world of forex success thinking , rich in a lot of money . nha to achieve that I would share the knowledge of my own ... although I myself have not been successful in the forex business world , here there are 4 formula I would share ... 4 formula is
1 . MM formula and Compoud
2 . Determinants formula OP
3 . Determinants formula SL TP
4 . Drawdown formula
1 . Risk Management
a. Drawdown ( depreciation of capital )
b . Maximum Drawdown ( maximum depreciation of capital )
c . Reward to Risk Ratio ( ratio of selisi profit or loss with the risk ato )
2 . Profit Management
Compounding capital ( without dicompound impossible to be successful in forex )
3 . passive Income
After the success of our business and generate profit is more than enough , then diversify profit that we get to have another Bisnis2 . for example, we deposited or we traded stock or other reputable perusahaan2 that can generate passive income , then we do not need to work for money , but the money work for us .
But that is often overlooked is the business risk Managemen ... and who always had in mind was solely profit or profit ... and finally obtained it is a loss for losses and ultimately went bankrupt kolep alias .
since our business is the business of forex , which in forex is weve true " return hight hight risk " and "low risk low return " , but this is how we can outsmart our business in order to become " hight risk low return " , because I sister2 sure agan2 and respectable , certainly before entering into the world of forex success thinking , rich in a lot of money . nha to achieve that I would share the knowledge of my own ... although I myself have not been successful in the forex business world , here there are 4 formula I would share ... 4 formula is
1 . MM formula and Compoud
2 . Determinants formula OP
3 . Determinants formula SL TP
4 . Drawdown formula
